Investing.com - InfuSystems reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
InfuSystems announced earnings per share of $0.02 on revenue of $27.28M. Analysts polled by Investing.com anticipated EPS of $0.04 on revenue of $30.07M.
InfuSystems shares are down 35% from the beginning of the year and are trading at $8.95 , down-from-52-week-high.
InfuSystems shares gained 2.17% in intra-day trade following the report.
InfuSystems follows other major Healthcare sector earnings this month
InfuSystems's report follows an earnings beat by UnitedHealth on Friday, October 14, 2022, who reported EPS of $5.79 on revenue of $80.89B, compared to forecasts EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on Tuesday, October 18, 2022 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.
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